How does FACT Act support a consumer's access to their credit information?

• A. By offering a paid monthly credit score monitoring service.
• B. By guaranteeing free annual credit reports, clear dispute processes, and the ability to monitor and correct information.
• C. By restricting access to credit reports to government agencies only.
• D. By providing consumer reports without any dispute mechanism.

Answer: (B)

The main idea tested is how the FACT Act broadens a consumer’s access to and control over their credit information. It ensures you can obtain your credit data without cost on a regular basis (free annual credit reports) from the major bureaus, and it sets up clear steps to dispute any errors and to monitor and correct the information on file. This combination—free annual access, a straightforward dispute process, and the ability to monitor and fix your data—gives consumers real visibility and control over their credit records. The other options don’t fit: the Act does not mandate a paid monitoring service, it doesn’t restrict access to government agencies, and it does include a dispute mechanism for consumer reports.